Montana § 33-2-1355 Set Off For Further Credit Given In Good Faith

Montana Statutes

§ 33-2-1355 — Set Off For Further Credit Given In Good Faith

Montana § 33-2-1355

Title 33INSURANCE AND INSURANCE COMPANIES

Ch. 2REGULATION OF INSURANCE COMPANIES

Part 13Supervision, Rehabilitation, and Liquidation

This text of Montana § 33-2-1355 (Set Off For Further Credit Given In Good Faith) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 33-2-1355 (2026).

Text

33-2-1355 . Set off for further credit given in good faith. If a creditor has been preferred and afterward in good faith gives the insurer further credit without security of any kind for property that becomes a part of the insurer's estate, the amount of the new credit remaining unpaid at the time of the petition may be set off against the preference that would otherwise be recoverable from the insurer.

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33-2-1355 . Set off for further credit given in good faith. If a creditor has been preferred and afterward in good faith gives the insurer further credit without security of any kind for property that becomes a part of the insurer's estate, the amount of the new credit remaining unpaid at the time of the petition may be set off against the preference that would otherwise be recoverable from the insurer.